£386,668
This estimated value is based upon the latest sale price for the house of £310,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for DURHAM 1
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Price Paid | Date |
---|---|
£310,000 | 25 May 2018 |
£250,000 | 22 Dec 2005 |
£130,000 | 17 Oct 2003 |
Semi-Detached |
Freehold |
Floor Area: 134 sq meters or 1,442 sq feet |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in May 2018 the House Price Index for DURHAM was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £310,000 results in an estimated price of approximately £386,668.
25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £310,000 | £76,668 | £386,668 |
The Postcode Pricing Model uses changes in average sales price within the DH1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -22.660 % | £-70,246 | £239,753 |
3 Month Average | -11.626 % | £-36,042 | £273,957 |
6 Month Average | 6.206 % | £19,238 | £329,238 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2023 | £151,324 | £150,000 | 8 NEVILLE TERRACE |
1 Aug 2023 | £297,604 | £295,000 | 18 SURTEES DRIVE |
24 Feb 2023 | £144,902 | £145,000 | 18 NEVILLE TERRACE |
16 Feb 2023 | £174,882 | £175,000 | 6 ARCHERS COURT |
16 Feb 2023 | £264,822 | £265,000 | 8 LYNDHURST DRIVE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 26 Mar 2018. Using an estimated price of £386,669 means this house is valued at £2,885 per sq meter (£268 per sq foot).
The average size of a house on PRIORS CLOSE is 134 sq meters (1,451 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lyndhurst Drive |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lyndhurst Drive |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lyndhurst Drive |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lyndhurst Drive |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lyndhurst Drive |